Lipari Mining Announces Results of the Annual and Special Meeting

Toronto, Ontario--(Newsfile Corp. - June 20, 2025) - Lipari Mining Ltd. (Cboe CA: LML) (FSE: 0Y90) ("Lipari" or "the Company") today announces the results of its Annual and Special Meeting of shareholders (the "Meeting") held earlier today and that all matters put forward before shareholders for consideration and approval as set out in the Company's management information circular dated May 7, 2025 were approved by the requisite majority of votes cast at the Meeting. In particular, shareholders approved the election of all director nominees, the re-approval of McGovern Hurley LLP as auditor of the Company, the special resolution approving the continuance from the Canada Business Corporations Act to the Business Corporations Act (Ontario) and the special resolution authorizing the directors to fix the size of the board following the continuance.

A total of approximately 135.4 million shares, representing approximately 92% of the total shares outstanding were represented in person or by proxy at the Meeting. The detailed results of the vote for the election of directors is set out below and the full voting results on all matters can be found in the Company's Report on Voting Results filed on the Company's profile on www.sedarplus.ca.

Election of Directors
The number of directors was set at seven with approximately 99.99% of the shares represented at the meeting voting in favor of each of the management nominees.

Nominee	Voted For	Voted Against
Maurice Aftergut	135,390,189 (99.99998%)	2,319 (0.00002%)
Luiz Augusto Bizzi	135,390,189 (99.99998%)	2,319 (0.00002%)
Paul Zimnisky	135,392,508 (100%)	0 (0%)
Augusto Paulino de Almeida Neto	135,390,148 (99.99998%)	2,360 (0.00002%)
Hermano de Villemor Amaral (neto)	135,392,467 (100%)	41 (0%)
Stephen Woodhead	135,392,508 (100%)	0 (0%)
Bruce Ramsden	135,390,189